3 ms·
No, everyone does not do that and the rest of the world does not work that way. This train of thought is specific to capitalism (not to be confused with free ma
by yardie 10y ago
No, everyone does not do that and the rest of the world does not work that way. This train of thought is specific to capitalism (not to be confused with free market). Most large companies do a few things well and everything else mediocre or poorly. Most small companies do a few things well and everything else poorly.
The difference is a small company recognizes it can't afford to do those things poorly and won't pursue it. Large companies will keep dumping money into bad, poorly planned products. See Apple and cloud, Google and everything not Pagerank, Microsoft and mobile.
The world has more small companies than large ones.